Origami Energy, which has a technology platform that helps companies manage and offer flexibility in energy markets, has raised £18.6 million in new funding.

Current investors that participated in this funding round include Octopus Ventures, Cambridge Innovation Capital and Fred Olsen-related companies. The funds will be used to help accelerate the growth of Origami Energy in the UK and to prepare for international deployment. It hopes to become a strategic technology partner for large energy companies.